The consumer price index increased 0.3 percent after a 0.4 percent gain the prior month, figures from the Labor Department showed today in Washington. The cost of living in the U.S. rose in June, paced by a jump in gasoline that is now reversing, bolstering Federal Reserve Chair Janet Yellen’s view that recent increases were […]

Oil traded near the highest level in almost four months in New York before reports that may show the economy recovering in the U.S., the world’s biggest crude- consuming nation. West Texas Intermediate futures were little changed after climbing 0.6 percent yesterday. Retail sales probably rose for a second month in December, according to a […]

Oil fluctuated in New York after an industry report showed rising stockpiles in the U.S., the world’s biggest crude-consuming nation. West Texas Intermediate futures swung between gains and losses after slipping 4 cents yesterday. U.S. crude inventories increased 2.4 million barrels last week, the American Petroleum Institute said. An Energy Department report today may show […]

Oil traded near the highest level in two weeks in New York after an industry report showed stockpiles fell the most in more than three months in the U.S., the world’s biggest crude consumer. West Texas Intermediate futures were little changed after rising a third day yesterday. U.S. crude supplies dropped by 4.1 million barrels […]

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